For Sale

2481 RIVER ROAD, NEW HOPE, PA 18938

2481 RIVER ROAD

$1,595,000
On almost FOUR acres is a FABULOUS opportunity to own a commercial property zoned LIGHT INDUSTRIAL with a MULTITUDE of uses with TONS of history: medical, B and B, just steps away from New Hope Borough!! Positioned just north of New Hope and south of the historical village of Phillips Mill, its little surprise is that this property was built by a Pennsylvania Impressionist/New Hope School artist. Painter Robert Spencer (1879-1931) used its airy, light-filled studio spaces to create works now in the collections of museums and collectors around the world. The property is zoned "LIGHT INDUSTRIAL" and most recently, the property has been updated by its professional designer/owner to serve a commercial/residential use. Its plan is very smart and its finishes are top grade. With a fireplace with raised-panel surround and dramatic two story wall of windows, the studio/reception room could just as easily serve as a grand living room. French doors open into the formal dining room. A staircase leads to a loft with doors to second-floor bedrooms/offices. Behind the studio is a wet bar/butler's pantry with plenty of storage, a wine chiller, under-mount sink and stone countertops. A powder room is also tucked away here. Timeless in its design, the kitchen is finished with Quartz countertops, Viking refrigerator-freezer, Fisher-Paykel drawer dishwasher, Shaws Original farmhouse sink and custom cabinetry that fits the period of the house. There is a conference room with beautiful wainscoting and original wood floors. A second powder room and back staircase are nearby. French doors open to a study/second living room with fireplace, high ceilings and a triple window. Step through another set of French doors to a sun porch. On the second floors are four spaces that had been bedrooms that are now used as office/studio spaces, along with a full hall bath. As a bonus, there is a TWO bedroom TWO full bath guest cottage with fireplace, two private patios, and a bank of garages along with off-street parking. Recent mechanical updates include two zones of heat/AC in the main house and a backup generator for the property. The location is superb for access to New Hope and New Jersey. Come and experience the property where Pennsylvania Impressionist works came to life as Spencer, in 1916, formed The New Hope Group along with such luminaries as Daniel Garber, William Lathrop, Rae Sloan Bredin, Charles Rosen and Morgan. Property has DIRECT access to Route 202, is an hour and 20 minutes to Manhattan and 60 minutes to Philadelphia!! An hour from Newark International Airport and just UNDER an hour to Philadelphia International Airport!! Square footage is just an ESTIMATE and seller not responsible for square footage accuracy. The cottage could be additional office/studio space but is currently generating income as a two bedroom two full bath cottage. Endless opportunities!!

4
beds

3
baths

4,122 Sq.Ft. LIVING AREA

3.86 Acres lot

Stephanie Biello

Stephanie Biello

Caryn Black

Caryn Black

FEATURES & AMENITIES

Interior

  • total bedrooms4
  • Total bathrooms3
  • full bathroom1
  • half bathrooms2
  • Flooring Wood, Tile/Brick, Stone
  • APPLIANCES Dishwasher, Freezer, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Water Heater
  • other interior Features Additional Stairway, Attic, Built-Ins, Butlers Pantry, Chair Railings, Crown Moldings, Exposed Beams, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Soaking Tub, Tub Shower, Upgraded Countertops, Wainscotting, Walk-in Closet(s), Wood Floors

Area & Lot

  • Status For Sale
  • Living Area4,122 Sq.Ft.
  • Lot Area3.86 Acres
  • MLS IDPABU2024300
  • TypeRESIDENTIAL
  • YEAR BUILT1931
  • NeighborhoodNEW HOPE
  • Architecture StylesColonial
  • View DescriptionCourtyard, Garden/Lawn
  • Middle SchoolNEW HOPE-SOLEBURY
  • High SchoolNEW HOPE-SOLEBURY
  • School DistrictNEW HOPE-SOLEBURY

Exterior

  • STORIES2
  • water SourcePublic
  • roofAsphalt
  • lot featuresFront Yard, Level, Partly Wooded, Open, Rear Yard, Road Frontage, Side Yard(s)
  • HEAT TYPEBaseboard - Electric, Central
  • AIR CONDITIONINGCentral A/C
  • sewerPublic Sewer
  • SubstructureFrame
  • security FeaturesMonitored, Security System, Smoke Detector
  • other exterior FeaturesFlood Lights, Exterior Lighting, Outbuilding(s)

Financial

  • Sales Price$1,595,000
  • Real Estate Tax $14,321
  • Zoning LI
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